Huh?

Well..... if that's the case.................... my trading skills is utterly useless.

XMAS is coming...



http://www.bloomberg.com/energy/

Commodity----------Price---------Change---Percentage
Crude Oil (WTI)------USD59.07-0.88------1.47%
Crude Oil (Brent)-----USD63.68-0.56------0.87%

Don't rush to buy laaaaaaaaaaaaaaaaaaa.......

Don't waste money chasing the stock down....

Be cool...
Be patient........

Let others get the cheapest laaaa........

you buy 10% higher .... also make VERY good money one.......

Boon, how would you know when it is 10% higher?

Ur trading skill very usefull....only hold by different hand.


A GOOD teacher teach a good Virtue
Student learn ..apply at different place.

I do agree..dont need to chase...but is juz begnning..of BAD OMEN...

How severe..we wont know tmorow...when the Storm calm..we know

Time Been..load the bullet in GUN barrel..next 2-3 month opprtunity to shooting LOW flying DUCK

I wating your tipz/signal ..MASTER GURU BOON3

This post has been edited by felixmask: Dec 12 2014, 09:11 AM

OPEC's next meeting will be 1Q next year, right?

JUNE next meeting..Bloombery analysis said possible OPEC can hv EGM meeting before 2H2015 or JUNE

I doubt...becoz OPEC member still can made money even below USD50..except Below USD40.

Then sure non OPEC will close their oil platform field.

Bumi not much movement despite confirming the project

it's that bad eh

source

Price war between OPEC and US producer.End up end user will be the winner. Many oil stock start appearing quite attractive.

pls update us when you shoot a duck.

kindly share with us when u trigger your gun

Knew it they will get the Madura-Husky project

The Indonesian government is really pushing for self sufficiency in oil... target is to raise production by 40% in 2015 alone.

This post has been edited by gark: Dec 12 2014, 11:38 AM

OPEC wont reduce production, it will let market forces decide, even at $40.

OPEC only controls <40% of the world's total oil production, it is not as powerful like before when it produces >70%

At a low enough price point, many companies will shut down production and the price will find it equilibrium.

Still cannot understand why EPF is so eager to have a vote in the CIMB-MSBS-RHB merger, facing some resistance from KLSE.

Is EPF against the merger or is this one smart way of getting the rule in their favour for future use?

CIMB is under Ah Jib's brother and I assume what the 2 brothers do will be in mutual agreement. Why then is EPF so eager to have a say in this merger, as if it is going to oppose it?

Or is EPF having a different vision than Ah Jib and brother?

Maybe I am seeing this from the wrong peek hole?

Thanks.

70% i meanz..we still human depend on Oil and Gas as energy source.

imo, they afraid Aabar vote no as now they are the major voice now. Aabar is looking for higher value

Huh? EPF is eager to have a vote to ENSURE the merger goes through. EPF is the major shareholder of 2 companies a majority shareholder of one company.

It wants to consolidate it's holding into one mega bank.

Market is having resistance because once the bank consolidated, all 3 bank will likely delist from bursa and will probably plan to relist with a better value added later. problem is as a retailer can you afford to wait so long after the delisting for it to relist again?

This post has been edited by gark: Dec 12 2014, 11:48 AM

Less and less actually.. renewable energy are slowly taking over our carbon addiction, but currently not too widespread as the cost per unit energy is not competitive yet.

But in 20 years or so, I expect them to supply >50% of energy consumed vs <10% now.